Yum China (YUMC) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 23, 2025, at Mandarin Oriental Hong Kong, with proxy materials available online or by request.

• Shareholders are encouraged to review proxy materials and vote electronically, by mail, or in person.

Voting matters and shareholder proposals

• Election of 12 directors is on the agenda, with individual nominees listed.

• Ratification of KPMG Huazhen LLP and KPMG as independent auditors for 2025.

• Advisory vote on executive compensation (say-on-pay) included.

• Authorization for the board to issue shares up to 20% of outstanding shares.

• Authorization for the board to repurchase shares up to 10% of outstanding shares.

Board of directors and corporate governance

• Board recommends voting in favor of all director nominees and proposals.

• Proxies may vote on other business that arises at the meeting.